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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Perry who wrote (6143)	3/9/1999 11:20:00 PM
From: DennyKrane	Respond to of 17679

Read on, not Off Topic! JMR Monday March 8, 5:53 pm Eastern Time Company Press Release Managed High Yield Plus Fund Inc. -- Distribution Declaration NEW YORK--(BUSINESS WIRE)--March 8, 1999--Managed High Yield Plus Fund Inc. (NYSE:HYF - news), a closed-end management investment company, today announced that the Fund's Board of Directors has declared a dividend from net investment income of $0.1250 per share. The dividend is payable on March 31, 1999 to shareholders of record as of March 22, 1999. The ex-dividend date is March 18, 1999. The Managed High Yield Plus Fund Inc. seeks high income and, secondarily, capital appreciation, mainly through investments in lower-rated, income producing debt and related equity securities. Portfolio Statistics -- percent of net assets as of February 28, 1999: Credit Quality Top Ten Holdings ------------------------------- ------------------------------------ BB & Higher 24.11 Westpoint Stevens 2.41 B 57.20 NTL Inc. 1.69 CCC & Lower 6.21 Verio 1.67 Non-Rated 9.27 Northeast Optic Network 1.59 Cash 2.83 GulfMark Offshore 1.50 Equity/Preferred 0.38 EchoStar 1.48 Total 100.00 Hyperion 1.46 ------------------------------- Samsung Electronics 1.31 Ampex 1.27 Top Five Sectors United International Holdings 1.24 ------------------------------- ------------------------------------ Communications (fixed) 13.58 General Industrial 10.10 Cable 7.85 Weighted Avg Maturity 7.86 Yrs Technology 6.47 Weighted Avg Price $87.08 Service 6.47 ------------------------------- Leverage 26.54 Contact: Mitchell Hutchins Closed End Fund Desk (201) 902-5450